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4 Stocks To Watch: HIMX, MARK, QNST, VERI

Published 11/29/2017, 12:45 AM
Updated 07/09/2023, 06:31 AM

Himax Technologies, Inc. (NASDAQ:HIMX) had a nice recovery from a 3-day pullback from key resistance with a nice pop of 46 cents, or 3.56%, to 13.36, on 5.3 million shares traded on Tuesday. It looks to me like it’s going to accelerate to 16. Sixteen is a big one. Back in 2014 it went to 16.15, and that’s what I’ll be watching.

Remark Holdings, Inc. (NASDAQ:MARK) gained 52 cents, or 6%, to 9.14, on 1.9 million shares traded on Tuesday. What I liked about this stock is that I thought it would go higher, but I missed that pullback on Tuesday morning. I don’t know how I missed it, but the bottom line is that it was a steep recovery. It went from 7.50 to 9.57. That was two dollars right there. I’m thinking this will go through 9 3/4, and if it does, it’s going to be a 12-3 dollar stock.

QuinStreet, Inc. (NASDAQ:QNST) popped, pulled back for three days, and then on Tuesday, it had another pop, jumping 1.03, or 10.7%, to 10.65, on 548,794 shares traded. It looks like it’s headed to 14, and then 17, with 2 days to cover . It has a nice chart, a nice formation, and a symmetrical, rising, 45-degree angle.

Veritone, Inc. (NASDAQ:VERI) jumped 5.24, or 23.53%, to 27.51, on 3 million shares traded on Tuesday. That was a big day for this stock. Note the resistance at 29.62. If it gets above 29.75-30, I think it will be headed to 35-6 pretty quickly. It may even get it up to 40 at some point.

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On the long side, stocks included Abercrombie & Fitch Co. (NYSE:ANF), Express, Inc. (NYSE:EXPR), Aquantia Corp. (NYSE:AQ), AXT Inc. (NASDAQ:AXTI), Majesco Entertainment Company (NASDAQ:COOL), Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX), Energy Recovery, Inc. (NASDAQ:ERII), Forterra, Inc. (NASDAQ:FRTA), Bitcoin Investment Trust (OTC:GBTC), Himax Technologies, Inc. (NASDAQ:HIMX), Remark Holdings, Inc. (NASDAQ:MARK), MagnaChip Semiconductor Corporation (NYSE:MX), QuinStreet, Inc. (NASDAQ:QNST), Social Reality, Inc. (NASDAQ:SRAX), Veritone, Inc. (NASDAQ:VERI), and Winnebago Industries, Inc. (NYSE:WGO).

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